China has announced new rules on overseas IPOs, potentially sparking the resumption of Chinese companies listing in New York. Under the new rules, the China Securities Regulatory Commission (CSRC) wil...
Tag: Rules
Hong Kong’s SFC Intends Rules for Crypto Trading Platforms
4 hours ago | 2 mins read Bitcoin News Stablecoin regulation will begin in Hong Kong in June of this year. SFC recommends operators create a compensation mechanism that it must approve to offset risks...
China formalizes rules for overseas IPOs
China Securities Regulatory Commission headquarters in Beijing. Visual China Group | Getty Images BEIJING – China-based companies now have more clarity on whether they can list overseas in the U.S. Th...
More Strict Rules of SEC Under Crypto Custody Crackdown
The SEC has escalated its campaign to reign in. The regulator once again pushed its efforts to make more strict rules for crypto companies. It seems the Securities and Exchange Commision (SEC) is gett...
US SEC proposed rules recognize Gemini crypto custody platform
Tyler Winklevoss, the co-founder of Gemini, a cryptocurrency exchange, in a tweet, claims that their crypto custody service is recognized by the United States Securities and Exchange Commission (SEC)....
Brazilian Government Preparing New Decree to Clarify Cryptocurrency Rules
– Advertisement – The Brazilian government is preparing to release a decree to fill the blank spaces that the recent approval of the cryptocurrency law has left open. The document, prepare...
Crypto lawyer: It’s Really Hard to Navigate without Any Clear Rules
Mike Selig said the SEC finds it hard to handle crypto without clear directions. The crypto lawyer believes the SEC’s action against Paxos and BUSD is an example of such challenges. Last week, the US ...
FTX Investigations are Plenty, No Need for Independent Examiner, Judge Rules
An FTX bankruptcy judge has denied a motion to appoint an independent examiner. Judge John Dorsey said it would be unnecessary in comparison to other ongoing inquiries by law enforcement and FTX’s new...
Coinbase Supports SEC’s Proposed Crypto Custody Rules, But Not Everyone Is Happy ⋆ ZyCrypto
Advertisement     The U.S. Securities and Exchange Commission (SEC) has proposed introducing rules to address how investment advisers safeguard client crypto assets. A...
Why Crypto Mom is Against the SEC’s New Crypto Custody Rules
The Securities and Exchange Commission (SEC) just voted to propose new amendments affecting rules around crypto asset custody in the United States – and commissioner Hester Peirce (aka “Crypto Mom”) i...
SEC proposes tougher rules as part of its crypto custody crackdown
A five-member panel of the United States Securities Exchange Commission (SEC) has voted 4-1 in favor of a proposal that may make it more difficult for cryptocurrency firms to serve as digital asset cu...
Tighter rules to control crypto custody? The SEC says…
A new proposal from the SEC may make it more challenging for cryptocurrency firms to serve as digital asset custodians. However, Commissioner Hester Peirce stated that the statement may bring the cryp...
SEC Proposes More Stringent Rules for Crypto Custody Providers
The SEC on Wednesday voted in favor of proposed amendments to federal regulations “to expand and enhance the role of qualified custodians.” The proposed changes would extend the scope of rules to incl...
Coinbase, BitGo, and Anchorage assert that they comply with SEC custody rules
Ad Coinbase and other crypto custody providers asserted on Feb. 15 that they will be able to operate under proposed changes to custodial rules. Coinbase endorses SEC’s efforts Today, the U.S. SEC vote...
Celsius to repay users; SEC may apply custody rules to crypto
Ad The biggest news in the cryptoverse for Feb. 15 saw Celsius announce that it plans to begin paying back eligible users. Elsewhere, the SEC has proposed expanding federal custody rules to the crypto...
SBF bond signers revealed to be former Stanford faculty; FTX bankruptcy judge rules against probe
Ad Two notable developments concerning the bankrupt crypto firm FTX and its former CEO, Sam Bankman-Fried, occurred in court on Feb. 15. Stanford members signed SBF bail bond Previously, Judge Lewis K...
SEC Chairman Proposes Amending Federal Custody Rules to Cover ‘All Crypto Assets’ – Regulation Bitcoin News
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has proposed amending federal custody rules to cover “all crypto assets.” The SEC chief said: “Though some crypto trading and lendin...
SEC To Propose New Rules For Services Rendered By Crypto Firms
The crypto space is apprehensive due to the recent enforcement actions by U.S. regulators on some firms. One of the latest reports is about Paxos Trust company, the issuer of Binance USD stablecoin. T...
What If Court Rules BUSD A Security, Binance CEO CZ Replies
Binance CEO, Changpeng Zhao (CZ) finally broke his silence to present his take on the U.S. SEC’s probe on Paxos in relation to stablecoin Binance USD (BUSD). However, Paxos announced that it will be e...
EU banks face strict crypto rules in new published legal draft
While more specific guidelines are being worked out, new restrictive rules for European Union banks have been confirmed in a publish legal draft. EU banks would be required to apply the highest possib...
The IRS Has New Tax Rules for State Payments. What They Could Mean for You.
The Internal Revenue Service on Friday gave the green light to taxpayers in 21 states who had been waiting for the agency to clarify the taxability of certain state payments before filing their federa...
New crypto rules in Dubai prohibit privacy coins like Dash and Monero
Join Our Telegram channel to stay up to date on breaking news coverage The most populous of the seven emirates of the UAE, Dubai, recently brought a set of rules for crypto that was initially praised ...
Dubai publishes a new set of rules for crypto, including mandatory licenses for crypto firms
Join Our Telegram channel to stay up to date on breaking news coverage Dubai recently made a move to address the increased adoption and presence of the crypto industry on its territory by publishing a...
Craig Wright loses U.K. case as judge rules Bitcoin file format can’t be copyrighted
Ad Craig Wright has lost a case in the U.K. that could have allowed him to prevent the operation of Bitcoin and Bitcoin Cash, as seen in a Feb. 7 court filing. In his claim, Wright argued that Bitcoin...
Dubai Clarifies Rules for Crypto Companies
The government of Dubai’s stated goal of becoming a financial technology center was boosted Wednesday when its Virtual Assets Regulatory Authority (VARA) released its 2023 rulebook for regulating cryp...
Singapore drops pre-departure requirements for travelers, further eases mask rules
People gather outside the ArtScience Museum at Marina Bay Sands in Singapore on January 17, 2023. (Photo by Roslan RAHMAN / AFP) (Photo by ROSLAN RAHMAN/AFP via Getty Images) Roslan Rahman | Afp | Get...
UK Watchdog Proposes Tougher Advertising Rules
According to the United Kingdom’s financial watchdog, newly proposed advertising rules in the United Kingdom could potentially see executives of crypto firms facing up to two years in prison for...
Turkish watchdog stretches rules and allows crypto wallets to collect aid
A Turkish singer known for his charitable personality, Haluk Levent, reached out to the country’s financial watchdog (MASAK) and convinced them to allow collecting crypto donations to help with earthq...
Jailed for Violating UK Advertising Rules, Says FCA
The United Kingdom Financial Conduct Authority (FCA) has warned of robust actions against firms not complying with its advertising laws. Crypto crimes and advertisements that potentially misguide inve...